Sunday, May 16, 2010
Economics Play Part In Collapse of Soviet Union
The Soviet Union collapsed in December of 1991, many factors led to this. The immediate cause of this collapse was economic due to the fact that the USSR lost the cold war. This socialistic country could not compete with the United States in its imperialistic exploitation of countries. USSR consumers could not buy quality goods made in their own country because the military swallowed them all up. The consumers eventually turned to importing goods from other countries as to have enough. However, there were no goods to export so the USSR was not making money, it was simply losing it, which in turn led to its demise. Many people believe that one reason the USSR system was not working is because the workers did not work. As one anonymous Soviet citizen said "They pretend to pay us and we pretend to work." This statement in fact could lead many people to believe that the USSR had the resources to make its own quality products, and it most defiantly had the workers. However, they did not pay the workers and there for the workers did not work. When you have no money coming in, but lots of money leaving the country the system will eventually collapse as it was seen in the case of the Soviet Union.
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